The European banks have found risky assets to $ 1 trillion. dollars
On the balance sheets of European banks, which are currently inspected by regulators, may be potentially unsafe assets to $ 1 trillion. This is the conclusion of Professor Stephen Alexander Berlin European School of Management and Technology (ESMT) and Dr. Josef Korte of the Goethe Institute in Frankfurt am Main.
Conductance regulator stress tests are not able to reveal the real extent of the risk in respect of sovereign bonds. Moreover, the fact that international regulations allow banks to consider them as risk-free, allowing supervisors to ignore this danger.
According to a study by Stephen and courts, 64 of Europe’s largest banks may have the balance sheets of risky assets associated with sovereign bonds, for a total amount of 806 billion euros ($ 1.04 trillion). And even despite the fact that banks can easily pass the last stage of the stress tests, the results of which will be announced in October, according to the authors of the study, they have too little capital, or, at least, very little excess capital.
"Banks too much invested in sovereign bonds, because they are amenable to the EU as the promotion and "banks are accumulating too much risk if they do not have to keep the capital, which reflects economic risks"- Stephen said. Results of the study Corte and Stephen testify that risks are localized within countries, which can cause a domino effect, when the problems of one country would entail a difficulty in other countries of the Union, like the case of Cyprus, where banks have invested EUR 5.8 billion in Greek debt, provoked a crisis that forced the island nation to ask for financial assistance to Europe and the International Monetary Fund.
According to experts, the majority of high-risk bank is located in Spain and Italy.
European banks are unhappy with Mario Draghi
European banks are unhappy with Mario Draghi representatives of control ECB Governing Council wish to speak against Mario Draghi today. He said yesterday…
Save Europe countdown begins
Save Europe: the countdown begins analysts warned that the beginning of the reverse countdown to the moment when the rescue economy Europe will be too…
As Apple stole from banks dream
As Apple stole from banks dream Victor LysenkoOsnovatel and CEO RoketbankaNovaya Apple Pay technology does not threaten the banks and payment systems ….
- Apple continues to fall already up to $ 97 15
- Frank is growing in spite of everything
Gold rises, but it seems a short time
to the highest level in the past
six weeks. Bullion for immediate delivery
increased 0.3% to 1250.35 per ounce
(Up to September 10), and by the middle
trading session in Asian trading on
1249.39 dollars. December futures for
gold increased by 0.5% to 1250.70 at Comex.
For the second day in a row gold
rose, while Asian
first July yellow metal showed
growth for the whole week: Dollar
falls, the markets too, reeling, and therefore
Investors flee to “safe” assets,
which it is nothing else than the old
good gold. However, this situation is not
It promises to drag on for a long time.
as there is no information about when
the Fed will raise rates, investors are
still continue to expect that the October
meeting of the American regulator
will lead to the end of QE, both
and planned in advance. Wherein
US economic statistics continue
demonstrate the strengthening of the economy,
Europe and at the same time taking
unprecedented steps to mitigate
monetary policy. It’s all bound
will strengthen the dollar against the euro and, therefore,
the long-term downtrend
gold will continue in the future. ” it
point of views Runyu Zhu, analyst
CITICS Futures Com (China).
- Asian markets did not show uniform dynamics
- Exotic currency pairs minor but profitable
- USDJPY yen strengthened against US dollar
Euro falls before the announcement of the results of the ECB meeting
By 14:49 MSK pair EUR / USD
I dropped to the level of 1.0594
(0.59% decrease) a closing layer
1.0655. According to analysts, the European
the currency is losing ground because of another
the European Central
Today is the
ECB meeting, which announced
decision on rates. according to
According to information portals, the regulator
It left rates at the same low level
to 0.05%, as analysts had expected. what
As for other rates, economists
predict the rate on deposits
the level of -0.2%, a marginal rate –
expect any changes in the program
repurchase assets so quickly. in any
case, the ECB is likely to repeat that
its actions depend on the statistical data".
– said Commerzbank strategist in London, Peter
Investors expect that
ECB meeting today will raise the key
issues, including program
quantitative easing deflation
euro area, the dynamics of the GDP of the eurozone countries. At 15:30 MSK on Wednesday to begin
A press conference by ECB President Mario Draghi,
which is usually strongly influences the course
The yen was rising, the dollar continues to fall, the euro has updated two-month highs
Thursday the yen rising against the dollar after
how the Bank of Japan did not expand
performance of its monetary
stimulation. By 10:45 MSK USDJPY stands
at the level of 118.93. The annual rate of increase
the monetary base in the central bank remains
at 80 trillion yen a year by buying
government bonds and risky assets.
Mo Siong, FX strategist Bank of Singapur,
said that, probably, the dollar
will remain for some time in the range of
117 – 122?.
“At this stage we do not see any
catalysts obvious weakening
Japanese currency “, – he said.
The Bank of Japan will take a wait
for some time now in Japan there
though weak, but still economic growth.
the greenback is constrained
data: the US economy has almost stood on
place during the first quarter.
In a statement, representatives of the Federal Reserve
said yesterday that the economic downturn
– a temporary phenomenon, but still
do not plan to in the near future to increase
euro jumped to a two-month
high against the dollar and continues to
grow today: EURUSD
10.57 on Thursday at around 1.1219,
something not seen since 26 February. it
takes place against the background of the dollar falls,
and because fears of deflation in Europe
Murata, currency strategist at Brown
Brothers Harriman (Tokyo)
He says: “Based on the fundamental
Data, I think the rebound is too
strong, and it is – an opportunity to leave
in short positions on the euro. ”
Quotes of gold fell
response to the strengthening of the dollar and
rapidly unfolding events
Gold in Greece dropped to $ 1
168.60 to 16.01 MSK. The situation with the Greek
the crisis was not able to give precious
push up the corresponding metal,
and now, when it was reported
Tsipras agreement on most of the conditions
lenders, investors are still intensively
out of the safe-haven asset. pressure on
gold have strong economic
data from the US, which increase
the likelihood of a quick recovery rate
the situation remains
tense: the actual default by Greece
It took place, and the danger of the country’s output
from the euro zone is still high. Therefore,
soon on the market, including
and raw materials, expected to be high
Ruble depreciates with oil: the dollar to 66.2 rubles, euro 70.1 rubles..
ends week in the red – in the morning on the Moscow currency trading
exchange the national currency is losing ground.
Depreciation of the ruble is associated with the fall
of oil prices and geopolitical
news about the relations between Turkey
and Russia – want to protect investors
themselves and sell assets. A bit of holding back
weakening of local sales ruble
Currency for the payment of income tax
By 14:57 MSK pair USD / RUB
66.269 (+ 0.54%), and EUR / RUB –
at 70.139 (+ 0.38%). Prior to that, the dollar
up to 66.33 rubles, euro -. up
Barrel Brent oil trading for $ 45.15, 0.7% lower closure.
According to experts, today’s movement
Oil continues downward. quotes
Oil falls on weak statistical background
China and countries in anticipation of the meeting
OPEC, which will be held next
week. aggravation of geopolitical
situation and the end of the tax
period put pressure on the ruble, so he
shows weakness, – analysts say.
EU Council lifted sanctions against Lukashenko and Belarus
The EU lifted the sanctions against Belarus and the country’s president Alexander Lukashenko. On Monday, it became known at the end of the European Council meeting. In particular, it was decided not to extend the restrictions against 170 individuals and three companies.
This decision will come into force from the moment we publish them in the Official Journal of the EU on Tuesday, 16 February.
The lifting of sanctions will allow to defrost in European banking assets and lifting the ban on the entry of persons in the region who were on the sanctions list. However, the Council decided to leave the prohibited arms and special equipment to Belarus.
Fisher Kuskus for MT5
Indicator Fisher Kuskus scalpers used on a smaller timeframe, eg, M1.
Now Fisher Kuskus indicator available in the MetaTrader platform.
- Period – the period for calculating the indicator.
- PriceSmoothing – price smoothing value from 0.0 to 0.99
- IndexSmoothing – smoothing index value from 0.0 to 0.99
The indicator can be used on any currency pair. It can also be
used in other assets, such as equities, commodities, futures.
Stairs Levels Mt5
Stairs Levels Mt5 indicator ” Stairs Levels “Produces construction line at regular intervals. In this case, there is the effect of rendering the most…
Fractal Levels MTF for MT5
Fractal Levels MTF for MT5 Indicator displays fractal levels one, two or three different senior timeframes since the current. When a new fractal is drawn…
FFx Universal MTF Alerter MT5
FFx Universal MTF Alerter MT5 Indicator FFx Universal MTF Alerter shows all tayfreymy (from M1 to a month) on the same graph, displaying the selected…
AUD / USD: Now Selling – Credit Agricole
* Credit Agricole – largest bank and one of the largest companies in France. Ramified branch network and the value of assets allows us to consider the largest banking group in France and one of the largest in the world.
The Bank says that AUD was in demand throughout most of the year.
But CA believes that the AUD at risk of corrective decline.
In the short term, the bank predicts a return closer to 0.70.
Signals are copied, distributed, and to earn $ https://www.share4you.com/ru/?affid=0fd9105
MM error – for discussion at the forum
The error lies in looking at the deposit as a separate entity. Excuse me, but you read the book? Attentively ?? or stand before the eyes of millions of unknown and reigns on Wall Street …
In all (I underline – all), books dedicated to MM, investing and money management in black and white, red thread spelled out simple truths:
- We considered all personal capital as a whole
- capital invested in proportion to the markets / assets with different risk, return and liquidity
- Purpose of investments – is the preservation and enhancement of the total capital
- all this economy is controlled by personal budget and its rules
- and finally domestic rule – the income is that you can freely spend, rather than numbers with a broker
as soon as the MM (or current account figures) are in conflict with this there is a chance to fly from the market in general.
In principle, the normal approach may be considered:
- the initial investment (initial depot) – less than 1% of personal assets (less risky investments)
- allowable replenishment (and respectively the total risk for the transactions drawdown.) – not more than 5% of net income, that is, the sum of which is not hit hard on the personal pocket.
- removed (displayed in a less risky and more liquid form) ALL cream.
- deposit only increases as the total personal capital.
Of course following these rules will not work "deposit crackdown", or "Ferrari in a year" 🙂